together and produced three fine, tax-paying citizens. America is essentially a compassionate society.

America cannot find housing for its young families. I consider this the most serious danger confronting family life in America, and I am appalled that the condition has been allowed to develop. For more than a decade, travelers like me have been aware that in countries like Sweden, Denmark, Russia and India young people have found it almost impossible to acquire homes. In Sweden the customary wait was 11 years of marriage, and we used to ask, “what went wrong?” It seemed to us that a major responsibility of any nation would be to provide homes for its young people starting their families. Well, this dreadful social sickness has now overtaken the United States, and for the same reasons. The builders in our society find it profitable to erect three-bathroom homes that sell for $220,000 with a mortgage at 19 percent but find it impossible to erect small homes for young marrieds. For a major nation to show itself impotent to house its young people is admitting a failure that must be corrected.

Our prospects are still good. We have a physical setting of remarkable integrity, the world’s best agriculture, a splendid wealth of minerals, great rivers for irrigation and an unsurpassed system of roads for transportation. We also have a magnificent mixture of people from all the continents with varied traditions and strengths. But most of all, we have a unique and balanced system of government.

I think of America as having the oldest form of government on earth, because since we started our present democracy in 1789, every other nation has suffered either parliamentary change or revolutionary change. It is our system that has survived and should survive, giving the maximum number of people a maximum chance for happiness.